Q: We believed, along with our Property Manager, that we were on a 12 month lease that expired 17 August 2011. We would like to move back into our property and had several email conversations with our PM asking what sort of notice we need to give our tenants given their lease had expired. She [...]
Continue Reading
Q: Our rental property has an old hot water system with no temperature control. Our 8yr old got burnt in the shower. Can we make the owner replace the system?
A: Under the Residential Tenancies and Rooming Accommodation Act 2008 it just stipulates under section 185 the Lessor’s obligations – the lessor must ensure any law [...]
Continue Reading
Q: Can I, as a landlord fix tap washers and change light fittings in my rental property? My agent just billed me for a tap leak fix $177. She told me you have to have a blue card to do any maintainance on the property. Also what about smoke detector inspections by outside contractor?
A: Under the Residential [...]
Continue Reading
Q: I have been renting a unit in Queensland, Australia for the past 3 months. 2 months ago we discovered that water was leaking through a light fitting in the bathroom, we found this out as the light blew and when we undid it, water poured out. We submitted a letter to the real estate requesting [...]
Continue Reading
So the RBA thinks that renters will have to pay more. So, too, do most of the talking heads. Some of us, however, don’t think that will happen. Why?.. link below
Matusik Snapshot 455 – Rental outlook
Continue Reading
NEW Hot Water System Laws from January 1 20101
Continue Reading
June 2010 Real Estate Excellence Industry Update
Continue Reading
Mid May 2010 Real Estate Excellence Industry Update
Continue Reading
When buying investment property, one of the important figures to look at is the net return on the money you’ve invested, also known as the net rental yield.
Investors should assess the net return and compare it to the average returns available on other properties when deciding whether to proceed.
Too low a return may mean that [...]
Continue Reading
Property investors who want to avoid any headaches caused by malicious or careless tenants should take four steps to help them sleep easy at night, according to Terri Scheer Insurance general manager Carolyn Majda.
1. Make your property attractive to good tenants
“A rental property that’s well presented and easy to maintain is more likely to [...]
Continue Reading
